UBIQUITY, INC. (OTCMKTS:UBIQ) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Appointment of Interim Chief Executive Officer
Effective June 20, 2017, Mr. Christopher Carmichael was appointed
interim Chief Executive Officer of the Company. Mr. Carmichael
replaces Nicholas Mitsakos who resigned in August of 2016.
Mr. Carmichaels employment agreement reflects similar terms as
has been previously disclosed.
Mr. Carmichael was the President and Chief Executive Officer of
Ubiquity Broadcasting Corporation (Ubiquity, Inc) from May 20,
2009 to June 9, 2016. On September 30, 2006, Mr. Carmichael was
employed by Ubiquity Holdings to be the Creative Director, and
when Ubiquity Holdings became Ubiquity Broadcasting Corporation
in February of 2007 he remained as the Creative director until
taking the position of President and CEO. Mr. Carmichael was the
United States Surfing Champion from 1969 through 1971 and became
a premier apparel designer in the United States, while working in
marketing and film production. Mr. Carmichael is frequently
described as a visionary. He was voted one of the Top Ten
designers of Mens Apparel in the United States, in Sports >
Item 8.01. Other Events
On June 22, 2017, the Company issued a press release. A copy of
the press release is furnished herewith as Exhibit 99.1 and is
incorporated in this Item 8.01 by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| 99.1 | Press release, dated June 22, 2017. |
UBIQUITY, INC. ExhibitEX-99.1 2 ex99-1.htm Ubiquity Inc.’s Largest Shareholders Ask Chris Carmichael to Step Back in as Interim CEO FOR IMMEDIATE RELEASE Irvine,…To view the full exhibit click here About UBIQUITY, INC. (OTCMKTS:UBIQ)
Ubiquity, Inc. is focused on providing a platform, which enables anyone to connect to Internet-based content on any type of device. The Company’s signature product is the Sprocket. The Sprocket can be downloaded onto any type of device (such as mobile phone, tablet, laptop) and then customized to provide the user with access to all Web-based content, social media outlets, video-based content, private networks, social networks, personalized files, intelligent search, and virtually all other media. The Sprocket also provides detailed analytics and data on the end users, delivering value as a marketing tool to the content providers and advertisers. The Company has various products that function on the Sprocket platform, such as GiftSender (a mobile wallet); Monkeybars (a social mobility distribution platform), and its video search engine. The Company also has video intelligence software, which it proposes to sell to government customers.